AAPL, FB update April 10

AAPL: Question is if wave 3 of 5 of major 1 peaked. Or if that was only wave c of a b with a new low for IV to follow? Drop to $105 followed by a move above $113 (to around $117) will cement the former. A drop below $100 the latter. Note that so far we’ve had a 50% of the price move since the ATH made May 2015. Rather common for a b-wave.

AAPL

***********************************************************************

FB: kept advancing in the most ugliest fashion we’ve ever seen. One day down, next day up, etc… until the last day of March that is. Since then, FB has been steadily declining and looks and counts best as a b-wave advance. Note the symmetry between the prior and most recent advance.

fb